Johnson & Johnson Faces Setback as Bankruptcy Court Challenges Talc-Tort Claims
Johnson & Johnson is facing significant legal challenges after a recent bankruptcy court decision related to its talc product litigation. The ruling has stirred controversy, signaling a potential shift in how the company manages its ongoing civil litigation surrounding claims that its talc products are linked to cancer. In a recent move, a federal judge ruled against Johnson & Johnson’s attempt to resolve numerous lawsuits by claiming bankruptcy. This decision came after the company had sought to establish a subsidiary to handle the mounting legal claims, which allege that long-term use of talc products led … Read more